Vrinda Jagad International Tax Manager BEA Benchmark Survey Requirement for US Direct Investment Abroad The Bureau of Economic Analysis (BEA), US Department of Commerce, conducts a BE-10 benchmark survey of US Direct Investment Abroad every five years. This survey is used by the Department of Commerce to gather foreign investment information and produce statistics. Who is required to file this survey? Any US person that directly or indirectly owns or controls at least 10% of any foreign incorporated or unincorporated business enterprise at end of the US person’s 2024 fiscal year. US person includes individuals, entities, trusts and estates
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Monthly Archives May 2025
Four New Hires Join WFY in May
In May, Our firm welcomed four new hires to our tax department and administration. WFY is excited to have them join our growing team. Rachel Alm This month, Rachel Alm joined our firm as our Director of Human Resources and Administration. She graduated summa cum laude from Arizona State University with her degree in English. She received her certificate in Human Resources Management from Cornell University, and also has certifications from HRCI, SHRM, and Mental Health First Aid. Rachel has been in human resources and office administration since 2013. In her spare time, she enjoys live music, going to the
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